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Permian Basin Formation in New Mexico

23,474 wells across 537 active operators, with 7,160 drilling permits filed in the last 24 months.

Refreshed monthly from NMOCD well-header records. Data current as of 2026-08-24.

Quick answer: The Permian Basin formation in New Mexico has 23,474 wells on record across 537 active operators, with 7,160 drilling permits filed in the last 24 months (as of 2026-08-24). Its most active operators by well count are EOG Resources, Devon Energy Production Company, Mewbourne Oil Company, Oxy and XTO Energy. Compiled from New Mexico Oil Conservation Division (NMOCD) well-header records, refreshed monthly.

Total Wells
23,474
Active Operators
537
Total Lateral
20,515 miles
Permits (24mo)
7,160

Top Operators in the Permian Basin (New Mexico)

The operators with the most well counts targeting the Permian Basin formation in New Mexico:

#OperatorWells in Permian Basin
1 Eog Resources 2,750
2 Devon Energy Production Company 1,844
3 Mewbourne Oil Company 1,729
4 Oxy 1,636
5 Xto Energy 1,435
6 Permian Resources Operating LLC 1,305
7 Matador Production Company 1,206
8 Coterra Energy INC 1,126
9 Chevron 876
10 Cog Operating 688

Primary New Mexico Counties for the Permian Basin

The New Mexico counties with the most Permian Basin activity:

Lea, Eddy, Chaves, Roosevelt, De Baca

Recent Permian Basin Drilling Permits in New Mexico

The most recent 100 drilling permits filed for Permian Basin wells in New Mexico:

Permit DateWellAPICountyOperatorLateral (ft)
2026-08-11 Hazel Inez 08 32 Federal Com #206h 3002556623 Lea Matador Production Company
2026-08-11 Hazel Inez 08 32 Federal Com #121h 3002556615 Lea Matador Production Company
2026-08-11 Js 21 16 Federal Com #423h 3001558745 Eddy Chevron
2026-08-11 Orrtanna 20 Federal Com #202h 3002556632 Lea Eog
2026-08-11 Hazel Inez 08 32 Federal Com #132h 3002556621 Lea Matador Production Company
2026-08-11 Orrtanna 20 Federal Com #103h 3002556628 Lea Eog
2026-08-11 Orrtanna 20 Federal #203h 3002556633 Lea Eog
2026-08-11 Js 21 16 Federal Com #425h 3001558747 Eddy Chevron
2026-08-11 Hazel Inez 08 32 Federal Com #122h 3002556617 Lea Matador Production Company
2026-08-11 Hazel Inez 08 32 Federal Com #131h 3002556620 Lea Matador Production Company
2026-08-11 Hazel Inez 08 32 Federal Com #211h 3002556624 Lea Matador Production Company
2026-08-11 Js 21 16 Federal Com #421h 3001558743 Eddy Chevron
2026-08-11 Hazel Inez 08 32 Federal Com #205h 3002556622 Lea Matador Production Company
2026-08-11 Hazel Inez 08 32 Federal Com #228h 3002556627 Lea Matador Production Company
2026-08-11 Orrtanna 20 Federal Com #105h 3002556630 Lea Eog
2026-08-11 Hazel Inez 08 32 Federal Com #124h 3002556619 Lea Matador Production Company
2026-08-11 Hazel Inez 08 32 Federal Com #212h 3002556625 Lea Matador Production Company
2026-08-11 Orrtanna 20 Federal Com #104h 3002556629 Lea Eog
2026-08-11 Orrtanna 20 Federal Com #107h 3002556631 Lea Eog
2026-08-11 Js 21 16 Federal Com #426h 3001558748 Eddy Chevron
2026-08-11 Hazel Inez 08 32 Federal Com #221h 3002556626 Lea Matador Production Company
2026-08-11 Hazel Inez 08 32 Federal Com #123h 3002556618 Lea Matador Production Company
2026-08-11 Js 21 16 Federal Com #422h 3001558744 Eddy Chevron
2026-08-11 Js 21 16 Federal Com #424h 3001558746 Eddy Chevron
2026-08-10 Keystone 6 Federal Com #206h 3002556603 Lea Eog
2026-08-10 James Ranch Unit Di 1a S #906h 3001558742 Eddy Exxonmobil
2026-08-10 James Ranch Unit Di 1a Waterton #902h 3001558737 Eddy Exxonmobil
2026-08-10 Keystone 6 Federal Com #301h 3002556605 Lea Eog
2026-08-10 James Ranch Unit Di 1a S #805h 3001558741 Eddy Exxonmobil
2026-08-10 James Ranch Unit Di 1a S #115h 3001558739 Eddy Exxonmobil
2026-08-10 James Ranch Unit Di 1a S #701h 3001558740 Eddy Exxonmobil
2026-08-10 Keystone 6 Federal Com #305h 3002556608 Lea Eog
2026-08-10 Keystone 6 Federal Com #205h 3002556602 Lea Eog
2026-08-10 Hazel Inez 08 32 Federal Com #117h 3002556612 Lea Matador Production Company
2026-08-10 Keystone 6 Federal Com #302h 3002556606 Lea Eog
2026-08-10 James Ranch Unit Di 1a Waterton #905h 3001558738 Eddy Exxonmobil
2026-08-10 Keystone 6 Federal Com #303h 3002556607 Lea Eog
2026-08-10 Hazel Inez 08 32 Federal Com #116h 3002556611 Lea Matador Production Company
2026-08-10 Keystone 6 Federal Com #208h 3002556604 Lea Eog
2026-08-10 Keystone 6 Federal Com #204h 3002556601 Lea Eog
2026-08-10 Hazel Inez 08 32 Federal Com #118h 3002556613 Lea Matador Production Company
2026-08-10 Hazel Inez 08 32 Federal Com #115h 3002556610 Lea Matador Production Company
2026-08-07 Hazel Inez 08 32 Federal Com #213h 3002556594 Lea Matador Production Company
2026-08-07 Hazel Inez 08 32 Federal Com #133h 3002556591 Lea Matador Production Company
2026-08-07 Hazel Inez 08 32 Federal Com #227h 3002556595 Lea Matador Production Company
2026-08-07 Hazel Inez 08 32 Federal Com #134h 3002556592 Lea Matador Production Company
2026-08-07 Hazel Inez 08 32 Federal Com #207h 3002556593 Lea Matador Production Company
2026-08-06 Le Mans 2419 State Com #132h 3001558725 Eddy Permian Resources Operating LLC
2026-08-06 Nash Unit #906h 3001558720 Eddy Exxonmobil
2026-08-06 Prairie Fire 25 26 Federal Com #913h 3001558731 Eddy Devon

Permian Basin DUCs (Drilled, Uncompleted Wells) in New Mexico

Wells targeting the Permian Basin that have been spudded but are waiting on completion — near-term production upside:

Spud DateDays WaitingWellOperatorCountyLateral (ft)
2026-08-07 16 Shiprock 5 Fed Com #753h Eog Resources Lea
2026-08-07 16 The Maverick #032h Burnett Oil Eddy 1,990
2026-08-07 16 Roberne Federal #113h Matador Production Company Lea 6,490
2026-08-07 16 Nexus State Com #803h Coterra Energy INC Lea 12,215
2026-08-07 16 Gavilon Federal Com #107h Matador Production Company Lea
2026-08-07 16 Devils Tower State Com #002h Mack Energy Eddy 3,375
2026-08-07 16 Pinkie Pie 22 21 Federal Com #134h Permian Resources Operating LLC Eddy 10,104
2026-08-07 16 Tempest 18 Federal Com #112h Permian Resources Operating LLC Eddy
2026-08-07 16 Cheddar 13 Federal Com #402h Eog Resources Lea 10,363
2026-07-31 23 Buffalo Thunder 9 11 Federal Com #821h Mewbourne Oil Company Eddy
2026-07-31 23 Paloma 28 21 Federal Com #303h Avant Operating Ii, LLC Lea
2026-07-31 23 Pure Gold Mdp1 29 17 Federal Com #021h Oxy Eddy 12,478
2026-07-31 23 Lost Tank 30 19 Federal Com #011h Oxy Lea 10,248
2026-07-31 23 Vindicator Canyon State Unit Com #415h Bta Oil Producers Lea
2026-07-31 23 Electra Special 0310 Federal Com #114h Matador Production Company Lea 10,336
2026-07-31 23 Nugget 6 31 Federal Com #004h Oxy Eddy 5,747
2026-07-31 23 Mr 2 State Com #607h Chevron Lea 4,838
2026-07-31 23 Cat Lanta 16 4 Federal Com #811h Devon Energy Production Company Eddy 15,491
2026-07-31 23 Poker Lake Unit 15 34 Bd #306h Xto Energy Eddy
2026-07-31 23 Dama Dorada 1 3 Federal Com #523h Mewbourne Oil Company Eddy
2026-07-31 23 Speedmaster 30 Federal Com #501h Coterra Energy INC Lea 10,206
2026-07-31 23 Now I Won 25 24 Federal Com #011h Oxy Eddy 9,943
2026-07-31 23 King Harvest 4 3 Federal Com #626h Mewbourne Oil Company Eddy
2026-07-31 23 Bilbrey 34 27 Federal Com #314h Mewbourne Oil Company Lea
2026-07-31 23 Roberne Federal #102h Matador Production Company Lea 4,605
2026-07-31 23 Maude South 13 14 #004h Riley Permian Operating Eddy 6,015
2026-07-31 23 Mr 2 State Com #610h Chevron Lea 5,075
2026-07-31 23 Weller 21 16 Federal Com #275h Chevron Eddy 9,421
2026-07-31 23 Merciless 13 Federal Com #213h Eog Resources Lea
2026-07-31 23 Cotton Draw 25 36 Federal Com #718h Devon Energy Production Company Eddy 10,223

About the Permian Basin Formation in New Mexico

The Permian Basin is one of New Mexico's active oil and gas plays, with 23,474 wells on file across 537 distinct operators of record. Operators have filed 7,160 drilling permits targeting the Permian Basin in the last 24 months — a measure of how active the play is right now versus its historical baseline.

For mineral owners with interests in Lea, Eddy, Chaves, Roosevelt, De Baca, knowing whether your tract sits within an active Permian Basin footprint is a foundational valuation question. Active formations with consistent permit flow command premium pricing; legacy formations with steady but declining production are valued differently.

See all New Mexico oil & gas formations & plays  ·  Download the New Mexico formations dataset (CSV)

Frequently Asked Questions

How many wells target the Permian Basin formation in New Mexico?

23,474 wells target the Permian Basin in New Mexico, worked by 537 active operators, per NMOCD well-header records (as of 2026-08-24).

Who are the top operators in the Permian Basin in New Mexico?

By well count, the most active Permian Basin operators in New Mexico are EOG Resources, Devon Energy Production Company, Mewbourne Oil Company, Oxy and XTO Energy. The full ranking is in the table on this page.

How active is the Permian Basin formation right now?

Operators filed 7,160 drilling permits targeting the Permian Basin in the last 24 months, and there are 50 drilled-but-uncompleted (DUC) wells awaiting completion — a live measure of current activity, per NMOCD records.

Is there active drilling in the Permian Basin in New Mexico?

Operators filed 7,160 new drilling permits targeting the Permian Basin in New Mexico over the last 24 months, with 50 drilled-but-uncompleted (DUC) wells awaiting completion. New permits and spuds are the clearest signal of active Permian Basin drilling, per NMOCD records (as of 2026-08-24).

What is the current Permian Basin activity in New Mexico?

Permian Basin activity in New Mexico currently spans 23,474 wells on record and 537 active operators, led by EOG Resources, Devon Energy Production Company, Mewbourne Oil Company, Oxy and XTO Energy, with 7,160 drilling permits filed in the last 24 months — refreshed monthly from New Mexico Oil Conservation Division (NMOCD) well-header records (as of 2026-08-24).

Which New Mexico counties have the most Permian Basin activity?

The most active Permian Basin counties in New Mexico are Lea, Eddy, Chaves, Roosevelt, De Baca.

How do I find out what my Permian Basin mineral rights are worth?

Value depends on your net mineral acres or royalty decimal, the operator, the remaining drilling locations, and current oil and gas prices. Buckhead Energy checks your tract against current Permian Basin well and permit data and puts a free, no-obligation written offer in writing — this page is informational only, not a valuation.

Cite this dataset

Permanently archived and citable via a DOI on Zenodo (CERN), under a CC BY 4.0 license. DOI: 10.5281/zenodo.21442884  ·  View on Zenodo

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License & attribution: This data is licensed CC BY 4.0. You are free to share and adapt it, including commercially, provided you credit “Buckhead Energy” and link back to this page or the DOI above.

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Quick Stats

Formation: Permian Basin

State: New Mexico

Total wells: 23,474

Active operators: 537

Permits 24mo: 7,160

Last refresh: 2026-08-24

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